TY - RPRT AU - Fairlie, Robert W. AU - Robb, Alicia TI - Gender Differences in Business Performance: Evidence from the Characteristics of Business Owners Survey PY - 2008/Sep/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 3718 UR - https://www.iza.org/publications/dp3718 AB - Using confidential microdata from the U.S. Census Bureau, we investigate the performance of female-owned businesses making comparisons to male-owned businesses. Using regression estimates and a decomposition technique, we explore the role that human capital, especially through prior work experience, and financial capital play in contributing to why female-owned businesses have lower survival rates, profits, employment and sales. We find that female-owned businesses are less successful than male-owned businesses because they have less startup capital, and business human capital acquired through prior work experience in a similar business and prior work experience in family business. We also find some evidence that female-owned businesses work fewer hours and may have different preferences for the goals of their business. KW - female entrepreneurship KW - business outcomes ER -